Ji Hun Kim, a lawyer who beforehand labored at cryptocurrency exchanges Gemini and Kraken, has been appointed everlasting CEO of the Crypto Council for Innovation (CCI), after serving within the function in an interim capability.
In a Thursday discover, the CCI mentioned its board of administrators had appointed Kim as CEO after serving as president and appearing CEO since January. He beforehand labored because the group’s chief authorized and coverage officer after three years at Gemini and fewer than a yr at Kraken.
“This can be a pivotal second of evolution for our trade, one which requires severe, knowledgeable engagement,” mentioned Kim. “I look ahead to persevering with to construct an establishment that serves as a bridge between expertise and public coverage, grounded in details, belief, and respect all over the world.”
The CCI is certainly one of many crypto advocacy organizations that periodically write to US lawmakers and regulators on digital asset coverage. Earlier than Kim, Sheila Warren headed the council as CEO for 3 years, departing only a month earlier than the Trump administration took workplace.
Associated: Crypto advocates name for post-Biden readability on digital asset laws
Regulation of digital belongings is entrance and middle in US coverage
Final week, the US Home of Representatives handed three crypto-related items of laws to handle central financial institution digital currencies (CBDCs), market construction, and cost stablecoins. President Donald Trump signed the stablecoin invoice, the GENIUS Act, into legislation on July 18.
The Senate is predicted to handle the opposite two payments on CBDCs and digital asset market construction after the chamber will get again from its August recess. Management within the Senate Banking Committee set a September deadline for the market construction invoice, although the laws could have to go again by way of the Home for consideration.
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